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FOR SALE: Lydgate House Hotel, Dartmoor National Park, Devon

FOR SALE: Lydgate House Hotel, Dartmoor National Park, Devon - 13th March 2019

IMPRESSIVE DETACHED COUNTRY HOUSE HOTEL SET IN 36 ACRES OF PRIVATE GROUNDS IN THE HEART OF DARTMOOR NATIONAL PARK
LYDGATE HOUSE HOTEL, POSTBRIDGE, DARTMOOR, DEVON, PL20 6TJ
PRICE GUIDE: £599,950

Stonesmith are delighted to be marketing the sale of the Lydgate House Hotel. Lydgate House is a substantial and attractive detached country house hotel with an adjoining owner’s cottage and a further separate holiday cottage. The property is set in an elevated position with spectacular views over Dartmoor National Park Moorland and the East Dart River. Lydgate House has been the subject of an extensive programme of refurbishment over the last 8 years and consequently is now beautifully presented and furnished to a high standard throughout.

The property offers 7 individual ensuite Letting Bedrooms, Guest Lounge with Bar, Conservatory Dining Room with Ante Room, a fully equipped Catering Kitchen with separate Preparation Room, Self Contained 3 Bedroom Owner’s Barn Conversion plus a recently converted quality 3 Bedroom Holiday Cottage with impressive open plan Lounge/Kitchen/Diner and Family Bathroom.

Lydgate House occupies a secluded position, in the heart of Dartmoor National Park. Situated in Postbridge, one of the most popular villages on Dartmoor and a honey pot tourist location renowned for its ancient Clapper Bridge, which is a popular year round visitor attraction. It is an excellent base to explore Dartmoor National Park and the village is served by a post office, pub and visitor attraction centre. The property stands within 36 acres of grounds within its own private valley with the land sweeping down through the valley and enjoying some stunning views across the open moorland. It also has direct moorland access with the East Dart River flowing through the grounds. There are formal terraced Garden Areas surrounding the property, an elevated Decked Area and adjoining Sun Terrace, Customer Car Parking Areas and a large Barn.

Lydgate House trades on a bed and breakfast only basis, which has been run by our clients for the last 8 years. Lydgate House features in several guides and websites, and boasts impressive occupancy levels and strong repeat trade. Our clients choose to run the business to fit in with their own lifestyle and consequently they choose to trade for between 10 and 11 months of the year, being closed in January and at various times throughout the year to fit in with their personal requirements. The business has its own website www.lydgatehouse.co.uk which provides further background information.

The property is on the market for £599,950. As with the majority of business premises within Dartmoor National Park, Lydgate House is held on a valuable Duchy of Cornwall protected lease - please contact us for further details regarding the lease. Full property details are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

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Thank you for your all your help, we could not have done it without you!

Trevor and Di Crouchen - Purchasers of The Dartmoor Lodge, Ashburton